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Corporate tax: exclusions: qualifying shipping activities.

Committee hearing: it can still change before the session ends.

CA SB 1113 · Senate Bill · 2025–2026

Draft a letter
Stage
Committee hearing
Started in
Senate
Sponsor
1
Latest action
May 14, 2026

What it does

The Corporation Tax Law, in conformity with federal income tax law, generally defines "gross income" as income from whatever source derived, except as specifically excluded, and provides various exclusions from gross income.

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    Committee hearing · May 14, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Corporate tax: exclusions: qualifying shipping activities. | 52